Grow Your Business with Internet of Things
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Transcript of Grow Your Business with Internet of Things
Grow Your BusinessWith
Internet Of Things
• Struggle to keep employees motivated?
• Still taken by surprise when equipment fails?
• Want to automate inventory tracking and replenishment?
WHAT DO YOU KNOW ABOUT THE INTERNET OF THINGS?
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WHAT IS IOT?
The Internet of Things is the environment where different objects equipped with unique identifiers collect valuable data and exchange it over a network.
IoT’s major task is to reduce (or eliminate) human-to-human/human-to-computer interactions
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IOT CONSISTS OF…Hardware (objects enhanced with embedded systems and sensors);
Infrastructure (cloud- or server-based app which receives, analyzes and stores sensor-generated data);
Apps (mobile/desktop apps that connect objects to the infrastructure and enable users to manage IoT devices)
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HOW BIG IS IOT?
6.4 billion connected devices worldwide
50% of business processes & systems incorporate IoT elements
Global spending on IoT-related services is estimated at $ 235 billion
In 2016, IoT startups raised $ 6 billion in funding
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All rights reserved © R-Style Lab 2017
IOT GROWTH IS DRIVEN BY
Healthcar
e
Home Automation
Energy/u
tilities
Smart
Cities
Agricu
lture
Transp
ortation
0
10
20
30
40
50
60
70
26
5058
43
33
49
(%)
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WHY DO WE NEED IOT?
• IoT will help businessmen save $ 1.2 trillion in productivity costs alone;
• 58% of manufactures use IoT devices and BI solutions to improve product quality;
• Smart heating systems reduce energy consumption by 30%;
• IoT boosts accounting accuracy up to 99%;
• IBM Watson is already 40% better at diagnosing cancer than human doctors.
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IOT IS THE FUTURE
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• In 2017, there will be 2.2 billion smartphones in use;
• 4G now accounts for 47% of mobile traffic data;
• 55% of US mobile operators will adopt 5G by 2020;
• Last year wearables sold over 270 million units worldwide;
• IoT market has already topped $ 970 billion.
AND YOUR CUSTOMERS ARE READY
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2015 20160.005.00
10.0015.0020.0025.0030.0035.0040.0045.0050.00
4.1
44.4
($, in billions)
US beacon-triggered sales
WITH IOT, YOU CAN GROW SALES…
Percentage of human-assisted services
2014 20160
10
20
30
40
50
60
7060
30 (%)
OR AUTOMATE SERVICES
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All rights reserved © R-Style Lab 2017
IoT data usage among entrepreneurs
Begin to
use IoT data
Often use IoT data
Consider u
sing I
oT data
Have no plan
s to use Io
T data0
10203040
40
2027
13
(%)
OR BOOST MARKETING EFFECTIVENESS
43% of US companies that use sensor data in marketing to gain a better insight into consumer behavior
meet their goals in terms of customer engagement and demand generation. What about you?
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All rights reserved © R-Style Lab 2017
IoT global value (private sector)
Utilization
Productivit
y
Logis
tics
Customer e
xperie
nce
Innovation
OtherTotal
0.002.004.006.008.00
10.0012.0014.0016.00
2.50 2.50 2.70 3.70 3.000.60
15.00
($, in trillions)
BY 2020, IOT WILL EXPLODE
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2015 2017 20190
0.5
1
1.5
2
2.5
3
3.5
4
0.8
2.2
3.5
(in millions)
THERE ARE MANY IOT VENDORS, TOO
Provided you address a reliable
IoT development company,
you’re doomed to success!
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DEVELOPMENT FACILITIES
76A Masherova Ave,220035, Minsk, Belarus+375 17 306 48 42+375 29 348 44 44
REPRESENTATIVE OFFICE
425 Market Street,San Francisco, CA, 94105
+1 888 414 [email protected]
SOURCES:
https://www.cbinsights.com/blog/internet-of-things-startup-funding/http://hubpages.com/technology/What-is-the-Internet-of-Things-or-5-Reasons-to-Adopt-IoT-technologyhttp://r-stylelab.weebly.com/blog/5-signs-internet-of-things-future-is-nowhttps://www.dreamfearlessly.com/resource/how-to-reduce-costs-with-the-internet-of-things/http://readwrite.com/2014/06/27/internet-of-things-developers-jobs-opportunity/http://r-stylelab.com/company/blog/it-trends/internet-of-things-the-use-of-smart-technology-in-businesshttp://www.zdnet.com/article/the-internet-of-things-and-big-data-unlocking-the-power/http://www.business2community.com/digital-marketing/internet-things-future-advertising-01454524#m40rsOmu02fHFdLL.97
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